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Jan 9, 2013
01/13
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we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and de
we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the...
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Jan 9, 2013
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boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a lot of problems. these are really hard planes to build. they switched that new composite, went away from aluminum. i come back and just say, once again, if you doubt boeing's prowess, you haven't studied them, from the b-29 and b-17 on, great american company. they'll solve it. in the interim i think people will say -- we haven't seen big cancellations. >> no, we haven't. let's check in with bob pisani on the floor this morning. >> happy wednesday. this is the first day of the week we've had a positive opening. at least
boeing shares up 2%. it was interesting in yesterday's session, this is what mike pointed out yesterday on fast, and there is a change in sentiment yesterday during the session in the options pits. very, very bearish. and toward the end they were getting bullish on the stock. willing to get in at the lows. that was as it turns out the lows in this sort of week of debacles for boeing. those shares are higher today. >> people are going to give them the benefit of the doubt. airbus has had a...
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Jan 9, 2013
01/13
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boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the street was expecting. the country's largest aluminum producer says that it is cautiously optimistic that demand for the metal will continue to grow in 2013. among the catalysts, they're looking at strong sales to aerospace and construction customers. alcoa executives are keeping a cautious tone as worries linger about the budget battles in washington. >> you look at the businesses, you actually see that the endowment dow stream businesses are hitting new records profitabilities. another quarter of that and record year. that's great. when you look t upstream where it's basically abou
boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the...
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Jan 8, 2013
01/13
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the ntsb and boeing, a technical team from boeing, they're investigating the fire on the dreamliner. it was found in a compartment with batteries, and electrical components. it's not entirely clear at this point exactly what caused the fire. it is believed that it might have been caused by one of the lithium batteries on the dreamliner. that is an issue, because the dreamliner uses lithium im batteries to power onboard electronics. way back in 2007 the faa issued special rules for the use of lithium im batteries because of the concern of flammability risk involving those batteries. this is the fourth dreamliner incident involving its electronics, or losing power, since december 4th. look at this timeline. back on november 4th, united took its first domestic 787 flight, at the time there had been no reports. a month later, a united flight going to niewark to houston, experienced mechanical problems, reporting a loss of power. cutter airways a few days later had to ground one of its 787 jets for what it said was a faulty generator. the 14th of december, united grounded the second of th
the ntsb and boeing, a technical team from boeing, they're investigating the fire on the dreamliner. it was found in a compartment with batteries, and electrical components. it's not entirely clear at this point exactly what caused the fire. it is believed that it might have been caused by one of the lithium batteries on the dreamliner. that is an issue, because the dreamliner uses lithium im batteries to power onboard electronics. way back in 2007 the faa issued special rules for the use of...
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Jan 7, 2013
01/13
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we have not heard back from boeing. but if you take a look at shares, carl, the the stock has been ticking lower ever since this fire serviced about 15 minutes ago. that's the latest regarding this dreamliner fire at boston airport. >> phil, thanks for that. what do the white house, snoop dogg and the economist magazine have in common? they all use sound cloud, a start-up that let's you upload and share sounds of all kinds. that means music, pop casts, even your baby's first words. alex joins us this morning from san francisco. alex, good morning to you. >> good morning. how are you? >> for those who never heard identity, tell us what sound cloud is and what it's not. people hear about a sound tool on the web and they start to get a preconceived notion of what that is. what do you to? >> sure. sure. soundcloud is the world's online audio platform. that means people come to sound cloud to share sounds that they've created. could be any kind of sound. and also people come there to discover and hear all these great sounds
we have not heard back from boeing. but if you take a look at shares, carl, the the stock has been ticking lower ever since this fire serviced about 15 minutes ago. that's the latest regarding this dreamliner fire at boston airport. >> phil, thanks for that. what do the white house, snoop dogg and the economist magazine have in common? they all use sound cloud, a start-up that let's you upload and share sounds of all kinds. that means music, pop casts, even your baby's first words. alex...
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Jan 11, 2013
01/13
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boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with european markets. today we've just turned into the green slightly for the ftse, the xetra dax and the ibex. only marginal. and as far as today's agenda in the united states, wells fargo, we spoke about it, the first of the u.s. banks to report earnings this season set for around 8:00 a.m. new york time. also due out, best buy will relace its holiday 2012 sales. at 9:30 eastern, the philadelphia fed president will speak at the new jersey economic leadership forum and at noon, the u.s. department of agriculture will release its final crop production report
boeing stock? i'm not sure we have it. don't worry about it. the we're looking at the three-month chart on the nikkei. up 25.65% in the last three months. up another 1.6% today. shinzo abe announcing another stimulus bill suggesting the bank of japan should maybe think about adopting an employment target. but that nine-week consecutive bull run is the longest in japan since october to december, way back in 1988. so 1988 is the last time the nikkei was up nine weeks in a row. contrast that with...